Pacific & Western Credit Corp. saw its third-quarter loss reduced by 80 per cent, crediting strong performance in its lending division for much of the improvement. The bank, based in London, Ont., said its most recent quarterly loss was $614,000 or two cents per share, compared with a loss of $3.5 million or 17 cents a share in the same period a year ago. Net income for subsidiary Pacific & Western Bank of Canada was $1.8 million compared with a loss of $323,000 for the same period a year ago. Revenue increased to $8.4 million from $4.5 million a year ago.
